Skip to content

Tenet Healthcare THC Health Care Patient Service Medicare — Revenue

Discontinued — last reported Q3 '18

Similar metrics at other companies

HCA Healthcare logo
HCAMedicare — Revenues From Third Party Payers
$3.06B+5.6%
HCA Healthcare logo
HCAManaged Medicare — Revenues From Third Party Payers
$3.51B+6.3%
HCA Healthcare logo
HCAMedicaid — Revenues From Third Party Payers
$1.44B+21.3%
Encompass Health Corporation logo
EHCMedicare — Net operating revenues
$1.04B+6.5%
HCA Healthcare logo
HCAManaged Medicaid — Revenues From Third Party Payers
$939M+6.8%
HCA Healthcare logo
HCAMedicare — Revenues From Third Party Payers Ratio
16%+0.2pp

Other financials

Income statement

See full
Revenue$5.4B+2.8%
Operating income$1.3B+37.4%
Net income$906.0M+45.7%
EPS (diluted)$8.01+87.6%

Balance sheet

See full
Cash & equivalents$3.0B-1.1%
Total debt$13.3B+0.2%
Total equity$4.8B+15.1%
Total assets$31.2B+6.7%

Cash flow

See full
Operating cash flow$1.6B+101%
CapEx$180.0M+4.0%
Free cash flow$1.5B+128%

Valuation

See full
Market cap$14.86B
Enterprise value$25.19B
P/E5.6×
P/S0.7×

Profitability

See full
Operating margin18%+0.4pp
Net margin12.4%+0.9pp
FCF margin15.6%

Returns & leverage

See full
Return on equity58.9%-2.7pp
Debt / equity2.8×-0.4×
Current ratio1.4×-0.4×

Where this comes from

Reported directly by Tenet Healthcare in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The official record: Tenet Healthcare’s 10-Q, filed November 5, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does health care patient service medicare — revenue mean?
Total revenue earned from providing medical services to patients covered by Medicare.
How do you interpret health care patient service medicare — revenue?
An increase suggests higher patient volume or favorable shifts in Medicare reimbursement rates, while a decrease may indicate lower utilization or regulatory pressure on government payer pricing.
How does health care patient service medicare — revenue compare across companies?
Comparable to Medicare-specific revenue reporting at other large hospital systems and healthcare providers, though variations exist based on geographic concentration and payer mix.